Asia-Pacific stocks mixed ahead of U.S. midterm elections

Bank of Japan Headquarters in Tokyo, Japan

Tomohiro Ohsumi | Bloomberg | Getty Images

Stocks in the Asia-Pacific region were mixed on Tuesday as investors digest the Bank of Japan’s opinion summary and look ahead to the US midterm elections.

The Nikki 225 in Japan rose 1.25% to close at 27,872.11 and the Topix rose 1.21% to close at 1,957.56. The S&P/ASX 200 rose 0.36% in Australia to end the session at 6,958.9. In South Korea, the Kospi gained 1.15% to close at 2,399.04.

The Bank of Japan has published a summary of the opinions of the members of the board of directors of its monetary policy meeting in October, when it left interest rates unchanged while its global counterparts made giant rate hikes. nintendo will publish its quarterly results later today.

The Hang Seng Index in Hong Kong was 0.5% lower in its last hour of trading, while mainland China Shanghai composite fell 0.43% and the Shenzhen Component lost 0.578%.

Overnight in the United States, stocks rebounded on Monday as investors anticipated a busy week with midterm elections and key inflation data on deck and ignored a supply warning from Apple.

The Dow Jones Industrial Average traded up 423.78 points, or 1.31%, at 32,827.00. The S&P 500 gained 0.96% to 3,806.80. The Nasdaq Composite rose 0.85% to 10,564.52, after trading between gains and losses earlier in the session. All three major averages recorded a second consecutive positive day.

– CNBC’s Sarah Min contributed to this report.

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